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Biznext
16th July, 2019 18:34 IST

Mumbai: Technology driven company Vakrangee has decided to set-up the Electric Vehicle (EV) Charging Infrastructure facility through its Nextgen Vakrangee Kendra Outlets.

The company has 3,504 Nextgen Vakrangee Kendra’s spread across 19 states, 366 districts and 2,186 postal codes. More than 68% outlets are from Tier 5 and tier 6 cities. The company has set a target to reach at least 75,000 by FY2021-22 and 3,00,000 outlets by FY2024-25.

The government expects 25 per cent of the total vehicles on roads will be electric vehicles by 2030, necessitating erecting robust electric vehicle (EV) charging infrastructure across the country, according to the Union Housing and Urban Affairs Ministry. As per the guidelines, there should be at least one station at every 25 Km on each side of the highway/roads.

Vakrangee plans to leverage this deep presence by being an enabler for the EV charging facility through its network of Retail outlets called as Vakrangee kendras. It’ll continue to focus on expanding the bouquet of services available at our exclusive Nextgen Vakrangee Kendras.

“We believe that the electric vehicle space is a huge growth opportunity for the coming years and we want to be future ready by developing a Pan India footprint of EV charging infrastructure. We would be an enabler by providing the distribution platform for the EV charging facility through our partnership with the EV service providers” Mr. Dinesh Nandwana, Executive Chairman said.

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